Oil
Oil prices and global developments affecting the energy sector.
Oil prices and global developments affecting the energy sector.

On Saturday, President Donald Trump signed an executive order aimed at protecting the financial proceeds from Venezuelan oil sales held in U.S. treasury accounts, preventing any potential legal claims or seizures.

A fleet of oil tankers has returned to Venezuelan waters after departing in January, according to the state oil company PDVSA. This development coincides with ongoing negotiations for a new oil supply deal with Washington.